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Make Your Own Deficit-Reduction Plan...

...Unless lawmakers can agree on measures to reduce the deficit, standing legislation will do it for them. Under the "Fiscal Cliff" scenario, the Congressional Budget Office projects a deficit of $142 billion by 2020, or a $1.102 trillion deficit if some tax cuts are extended and other policies remain in effect. Try your hand at balancing the budget by selecting from some options outlined by the CBO:
PROJECTED DEFICIT IN 2020, IN BILLIONS

...Unless lawmakers can agree on measures to reduce the deficit, standing legislation will do it for them. Under the "Fiscal Cliff" scenario, the Congressional Budget Office projects a deficit of $142 billion by 2020, or a $1.102 trillion deficit if some tax cuts are extended and other policies remain in effect. Try your hand at balancing the budget by selecting from some options outlined by the CBO:
PROJECTED DEFICIT IN 2020, IN BILLIONS

I'm too busy to try my hand at it, but I''m glad to see you posting, and just wanted to say, I hope you, and Wendy, (Please forward my comments to her) are doing well, and had a very Merry Christmas, and will have a very happy and healthy New Year!

A funded debt sort of crowds out investment koz the debt iz sort of funded by bondbuyers which in theory sucks most of that dough from the free market. But even here the debt still feeds investment, allbeit not anywhere near az well az nonfunded debt.
Funded debt iz half ok if the bonds are bort by say China -- it helps the employment situation -- but then later it haztabe payd back, not so good.
mac.

Soflasnapper will point out that nowadays plastik cards kan feed buying etc and hencely investment etc. But mac would point out that in a recession/depression plastik reeches a point where it haztabe payd off, at the worst possible time probly, and the muzic dies, and then the plastik bekums a brake on the economy, a spanner in the gearing, a stick in the spokes, a pain in the usofa's bum.
mac.